Profit And Loss – Aptitude MCQ Questions – 10 Posted on July 7, 2020 by admin Question 1In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit? A. 30% B. 70% C. 100% D. 250% Question 2A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit? A. Rs. 18.20 B. Rs. 70 C. Rs. 72 D. Rs. 88.25 Question 3The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is A. 15 B. 16 C. 18 D. 25 Question 4Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit? A. 3.5 B. 4.5 C. 5.6 D. 6.5 Question 5A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle? A. Rs. 1090 B. Rs. 1160 C. Rs. 1190 D. Rs. 1202 Question 6Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is: A. 4*4/7 % B. 5*5/11 % C. 10% D. 12% Question 7The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit? A. Rs. 2000 B. Rs. 2200 C. Rs. 2400 D. Data inadequate Question 8If selling price is doubled, the profit triples. Find the profit percent. A. 66*2/3 B. 100 C. 105*1/3 D. 120 Question 9A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%? A. 4 B. 7 C. 5 D. 6 Question 10Raghuvir purchased 10 calculators and 16 watches for Rs. 56100 and sold them so as to earn an overall profit of 20%. At what total price should he sell 15 calculators and 24 watches together so as to earn the same percentage profit? A. Rs. 100980 B. Rs. 116176 C. Rs. 121176 D. Rs. 100660